Dividend2 Apr 2020 08:45
As I wrote yesterday, the cancellation of the dividend due on April 14th should not have happened. They should have honoured their undertaking to holders at the record date. HSBC like US banks, who I note, are not cancelling their dividends, pay the dividend quarterly. HSBC could entertain cancelling dividends for future quarters but at the same time dust down their plans for domiciling away from the UK. I did write to HSBC, got a response, but it was a clearly a PR exercise.